– A Memorandum of Intent (MOI) has been signed between Pakistan Stone Development Company (PASDEC), Ministry of Industries & Production and Confindustria Marmomacchine- Marble Association of Italy, for the development of the Marble and Granite sector of Pakistan. Under the MOI, the Italian Association will provide technical expertise and support for the transfer of know-how, technical and scientific education for operators and work accompanying international communication and marketing.
These objectives would be achieved through a Technical – Scientific and International Trade Centre to be established in Pakistan for which the Italian Marble Association and PASDEC will contribute an equal amount of 400,000 Euros each. The Centre will be equipped with the latest machinery and equipment for the Human Resource and Skill Development in the field of Marble and Granite of the Country at Marble City Risalpur.
The said MOI has already been approved by the Federal Cabinet in its meeting held on 3rd January, 2018. The project is expected to be completed within two years and it will also serve as an export promotion center for the stones being extracted in Pakistan. The said MOI was signed by the Chief Executive Officer PASDEC, Mr. Zahid Maqsood Sheikh and Mr. Flavio Marabelli, Honorary President of Confindustria Marmomacchine. Italy.
Speaking of the MOI, Mr, Zahid Maqsood CEO PASDEC said that more of such MOIs’ will be signed with other stone producing countries going forward to further upgrade mining and processing methodology in the Country. He further informed that a technical group from Italy would soon be visiting Pakistan to evaluate and set time lines for execution of the project.